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Struggling Farmers Are Switching to Hemp in Anticipation of Full Legalization - Cannabis News
“10 years from now, this is going to be a multi-billion dollar industry, and 20 years from now, people are going to be saying, ‘What was the big deal?’” said the president of the Pennsylvania Hemp Industry Council.
All across the U.S., farmers are looking to hemp to provide a much-needed boost to their struggling agricultural businesses.
Farmers have been finding it harder and harder to survive in today's economy, and recent tariffs on exports have caused the prices of many common crops to fall even further this year.
Widespread hemp production may be able to revitalize the country’s agricultural industry, due to the exploding popularity of CBD, which can be sourced from the plant, alongside hemp's traditional use as a source of fabric, food, and fuel.
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Chris Moore ~ MerryJane.com ~
- Written by Bruce Kennedy - Editor in Chief
- Category: Cannabis News